Tuesday, June 24, 2008
While an exchange rate policy can help bring down the negative effects of import price push inflation, one must also note that with a stronger currency, exports will be made less competitive as importing countries will find it more expensive. Hence. demand for exports will decrease. Thus, net exports may decrease, BOP may deteriorate and AD may decrease as a result.. - in which I forgot to include and wasted 30s stoning.
The Owner
Male
CFPS
CHS 2-4'04 4-3'06
HCI 07S70
Likes.
Blue
Black
House !
TAR!!
Survivor
JJ Lin
Fish Leong
Mayday
My ZR
Swimming
